General Motors to Close Baltimore Assembly Plant in 2005; Two Van Models to Be Discontinued
BALTIMORE November 16, 2004; Sarah Brumfield writing for the AP reported that General Motors Corp. will close a Baltimore assembly plant next year that employs about 1,100 people and makes two van models that are being discontinued, a spokesman for the world's biggest automaker said Tuesday. It was well-known that clos ... Continue reading
PPG, Kansai Launch Alliance for Automotive OEM Coatings
PITTSBURGH--Nov. 16, 2004--PPG Industries and Kansai Paint today announced the successful conclusion of negotiations to launch an alliance for the sale of automotive coatings to global original equipment manufacturers. The joint venture, to be known as PPG Kansai Automotive Finishes (PKAF), has just established legal e ... Continue reading
AAA Reports National Gas Prices Move Below $2 Per Gallon
MINNEAPOLIS, Nov. 16 -- The national average price of self-serve regular gasoline continues to fall and currently is $1.96 per gallon, a seven cent decrease in the last six weeks. The current pump prices, however, are 46 cents higher than one year ago. "The fall of crude oil prices in the last two weeks has helped moto ... Continue reading
Delphi Marks First-Ever HVAC Application on Toyota-Badged Vehicle
Electrical Systems, Engine Cooling Support also Given to Launch of Redesigned Tacoma Pickup Truck TROY, Mich., Nov. 16 -- Delphi Corp. continues to extend its climate control and electrical expertise across a diverse customer base, reaching a milestone with Toyota marked by the launch of the 2005 Tacoma pickup truck. ( ... Continue reading
Porsche Carrera GT Drives Off With Engineering Excellence Award
Automotive Division of the Society of Plastic Engineers recognizes Porsche's super sports car for breakthrough use of new materials ATLANTA, Nov. 16 -- Its carbon fiber engine frame and ceramic matrix composite clutch plate, a world's first in a production car, earned the Porsche Carrera GT the new Engineering Excellen ... Continue reading
Alpine Navigation System in Acura TL Ranks Highest in Customer Satisfaction November 15, 2004 WESTLAKE VILLAGE, Calif.—As consumers become more familiar with factory-installed navigation systems in their vehicles they are demanding more functionality from their systems, according to the J.D. Power and Associates ... Continue reading
DETROIT, Nov. 16 -- The Society of Automotive Analysts (SAA) -- in partnership with WJR Radio (760AM) -- will present its 17th annual Automotive Outlook Conference Tuesday, January 11, 2005 in conjunction with the North American International Auto Show (NAIAS). The theme of this year's conference is "Survival in the Au ... Continue reading
EL SEGUNDO, Calif.--Nov. 16, 2004--Just in time for holiday travel, Mattel, Inc. today announced availability of CAR-GO Fun(TM), the newest on-the-go games and playsets for ages three and up. CAR-GO Fun(TM) UNO(R), Matchbox(R) and Polly Pocket(R), complete with their own play pieces such as cards, cars or dolls offer p ... Continue reading
RICHMOND, Va., Nov. 16 -- For the third quarter ending November 30, 2004, CarMax, Inc. today: * Raised comparable store used unit performance expectations to growth of 2% or 3%, and * Revised earnings per share expectations to 17 cents or 18 cents, which includes a favorable adjustment in the valuation of its retained ... Continue reading
Centenary Rover - the 75 Coupe says it in style
Britishness, understated elegance and always an interior that is undeniably ‘a better place to be’ are Rover virtues that have come together in the Rover 75 Coupe concept car. The company’s design team wanted to mark the first 100 years of the Rover marque with a stylish design that would sit confiden ... Continue reading
Toyota Prius wins 2005 European Car of the Year
The Toyota Prius has been voted 2005 Car of the Year by the 58 members of the European Car of the Year Jury. After two rounds of voting, the car was chosen from a list of seven finalists and declared clear winner after gathering 406 points. Tadashi Arashima, President and CEO of Toyota Motor Marketing Europe said: "We ... Continue reading
Forbes: Save Jobs By Building Great Cars
Backseat Driver Save Jobs By Building Great Cars Jerry Flint, 11.16.04, 6:00 AM ET Volkswagen and its German union recently signed an agreement that guarantees job preservation in western Germany until the year 2011. In exchange, the union agreed to a 28-month wage freeze. Well, it isn't quite a freeze because VW will ... Continue reading
4CS Licenses iWarranty Software to Kubota Tractor Corporation
EAST MOLINE, Ill., Nov. 16 -- 4CS, a leading provider of intelligent warranty software applications, today announced that its iWarranty software has been licensed to the Kubota Tractor Corporation. 4CS said that Kubota will use iWarranty software to help manage warranty processes, continuing to improve customer satisfa ... Continue reading
LAS VEGAS--Nov. 16, 2004--ABSOLUTE GLASS PROTECTION, INC. (OTCBB:ASLG) of Las Vegas, Nevada, is pleased to announce the recent sale of a new dealership in the Northern California territory. This new dealer, who now controls a sizeable territory, will be aggressively targeting the governmental, industrial, commercial an ... Continue reading
Autocam Corporation Extends Exchange Offer for Its 10.875% Senior Subordinated Notes Due 2014
KENTWOOD, Mich., Nov. 16 -- Autocam Corporation today announced that the expiration date for its registered exchange offer of Autocam's outstanding $140 million of 10.875% senior subordinated notes due 2014 for Autocam's 10.875% senior subordinated notes due 2014 which have been registered under the Securities Act of 1 ... Continue reading
iQ Power Completes Continuance to Switzerland
ZUG, Switzerland, November 16 -- iQ Power AG (former iQ Power Technology Inc.) announces the completion of its continuation from Canada to Zug, Switzerland. iQ Power AG's common shares commenced trading effective today on the NASD Over-the-counter Bulletin Board under trading symbol IQPWF (formerly IQPR), The new CUSIP ... Continue reading
DUBLIN, Ireland--Nov. 16, 2004--Research and Markets has announced the addition of "An analysis of the top 100 global automotive manufacturing platforms" to their offering. Despite the broad adoption of platform strategies, and the continued consolidation of vehicle brands, sharing of base vehicle technologies does not ... Continue reading
Retrofit 'Clean-Burn' Diesel Fuel Device Improves Fuel Economy as It Cleans Engines
EAST AURORA, N.Y., Nov. 16 -- A retrofit clean-burn fuel device for diesel engines has been found to improve fuel economy by at least 10 percent. The TURBO 3000D VADA also enhances performance and reduces carbon deposits, stack soot, black smoke and toxic emissions. The TURBO 3000D VADA has been granted patents with 46 ... Continue reading
Marcos Engineering Debuts the 'TSO' Sportscar in New Zealand
AUCKLAND, New Zealand, November 16 -- - Marcos Takes Worldwide Preview and Impression Tour to Southern Hemisphere - Classic Car Magazine Calls It 'a True Thoroughbred' - NZ Autocar Declares 'the TSO Is Ferocious in a Straight Line' Marcos Engineering Limited ("Marcos") is pleased to announce the new Marcos TSO roadcar ... Continue reading
DUBLIN, Ireland--Nov. 16, 2004--Research and Markets has announced the addition of Driver Comfort and Convenience Systems: Forecasts to 2007 to their offering. Jump into any new mid-range car and you are almost sure to find power windows, steering, mirrors, sunroof and seat adjustment fitted as standard or optional. Co ... Continue reading
BMW 1 and 5 Series Can Now go From A to B With Smartnav
CRANFIELD, England, November 16 -- The recently launched 1 Series Sports Hatch and the world's best executive car (1), the BMW 5 Series, can now benefit from Smartnav, Auto Express' Best Satellite Navigation system 2004. BMW Great Britain has granted Smartnav as its approved satellite navigation accessory on both model ... Continue reading
chemistri Hires Bertrand Garbassi to Head Cadillac Advertising Creative
DETROIT, Nov. 15 -- Bertrand Garbassi, 45, will join chemistri as Executive Creative Director on the agency's Cadillac account. The announcement was made by D. Stan Fields III, chemistri's executive vice president, chief operating officer and Mark Tutssel, Leo Burnett USA vice chairman and deputy chief creative officer ... Continue reading
DALLAS--Nov. 15, 2004--For all you tried and true bikers or wanna-bes, get ready for the ride of your life! Veteran custom bike builder Rick Fairless and his popular Dallas biker bar and dealership Strokers will be the main attraction for a new entertainment reality mini-series by SPEED Channel that will cruise to the ... Continue reading
INDIANAPOLIS, Nov. 15 -- Championship Auto Racing Teams, Inc. ("Championship" or "Company") (Pink Sheets: CPNT.PK) announced today that it has filed its 10-Q for the quarter ended September 30, 2004. The Company has sold all of its operating assets and is in the process of winding up its affairs. The Form 10-Q for the ... Continue reading
ArvinMeritor Announces New Chassis Axle Package for Intermodal Applications
SAN ANTONIO, Nov. 15 -- ArvinMeritor, Inc. announced today, in conjunction with the International Intermodal Expo, its new ChassiPak(TM) chassis axle package for the intermodal transport industry. The package will be available beginning January 2005. (Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) As th ... Continue reading
Diamond Triumph Auto Glass, Inc. Announces Third Quarter 2004 Results
KINGSTON, Pa., Nov. 15 -- Diamond Triumph Auto Glass, Inc. announced today that net sales for the nine months ended September 30, 2004 decreased $7.1 million, or 4.2%, to $163.9 million as compared to $171.0 million for the nine months ended September 30, 2003. Net sales for the third quarter ended September 30, 2004 d ... Continue reading
Exide Technologies Announces Financial Results
LAWRENCEVILLE, N.J.--Nov. 15, 2004--Exide Technologies , a global leader in stored electrical energy solutions, today announced financial results for the second quarter and first six months of fiscal 2005 ended September 30, 2004. Consolidated net sales for the second quarter of fiscal 2005 rose 8.5% to $637.6 million ... Continue reading
Porsche `Optimistic' on 2005 as Cayenne Helps Profit
Frankfurt Nov. 15, 2004; Susanna Ray writing for Bloomberg reported that Porsche AG, Europe's most profitable carmaker, said it's ``optimistic'' about continued earnings growth in fiscal 2005 after the first full year of Cayenne sport-utility vehicle sales helped second-half profit rise 6.3 percent. Net income in the s ... Continue reading
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